HTZ Options History — March 2018

In March 2018, HTZ traded between $15.38 and $18.24. ATM implied volatility averaged 58.2%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded below realized volatility by 7.3% (HV 20d: 65.4%). Max pain ranged from $17.38 to $17.38. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 2.06.

Notable Days

  • 2018-03-09: Highest Volume — 17,124 contracts
  • 2018-03-14: Largest IV drop — 15.2% change
  • 2018-03-01: Highest IV Rank — 28.7%
  • 2018-03-01: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.33$15.38$18.24$15.38$17.25
Max Pain$17.38$17.38$17.38$17.38$17.38
ATM IV58.2%49.1%68.4%68.4%52.4%
Expected Move16.1%14.1%19.6%19.6%15.0%
HV 20d65.4%34.9%80.9%76.7%34.9%
HV 60d67.1%65.4%69.0%68.0%65.5%
IV Rank15.6%5.0%28.7%28.7%6.0%
IV Percentile19.3%0.8%44.8%44.8%5.2%
Term Structure7.2%-8.3%15.7%-8.3%15.7%
VWIV56.5%51.0%68.0%68.0%53.0%
Skew 25d6.0%4.4%7.8%6.5%4.4%
Skew 10d13.4%9.4%17.6%12.5%9.4%
Call IV 25d53.6%47.7%66.9%66.9%50.5%
Put IV 25d59.6%53.7%73.4%73.4%54.9%
Bid-Ask Spread %19.6012.3127.5627.5617.88
Gamma HHI0.180.120.270.130.27
Net GEX-1.1M-2.0M-43.0K-1.5M-2.0M
Net DEX33.6M8.8M83.2M83.2M41.8M
Net VEX-850.3K-889.0K-811.9K-811.9K-820.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.061.013.642.063.47
Total Volume13,463.95210,74017,12416,42911,718
Total OI290,069256,948317,941303,012269,008

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$15.38$17.3868.4%19.6%76.7%28.7%68.0%6.5%-8.3%-1.5M83.2M-811.9K2.0627.56N/AN/A5,36911,060114,553188,459
2018-03-02$16.27$17.3868.3%19.6%80.2%28.7%65.5%6.6%-3.9%-1.1M57.7M-867.9K1.1918.77N/AN/A7,6989,149114,881189,701
2018-03-05$16.66$17.3864.9%16.8%80.9%25.0%56.4%5.6%2.9%-1.1M48.6M-857.5K1.5012.31N/AN/A4,2986,442115,153189,928
2018-03-06$17.10$17.3865.1%16.5%80.5%25.2%56.5%6.3%3.7%-898.1K37.1M-869.8K1.7017.16N/AN/A4,3437,364115,450191,002
2018-03-07$17.31$17.3863.9%16.5%80.6%23.9%56.8%5.9%3.9%-724.1K30.2M-870.6K1.6413.87N/AN/A4,7287,745115,518191,254
2018-03-08$17.41$17.3861.3%16.4%80.4%21.1%57.9%5.5%3.9%-647.4K28.5M-880.7K2.0819.72N/AN/A4,83210,041116,126193,835
2018-03-09$17.71$17.3856.6%16.1%76.9%16.1%56.1%7.8%5.1%-408.6K19.6M-889.0K2.8024.24N/AN/A4,51112,613116,595195,363
2018-03-12$17.80$17.3865.2%15.9%76.7%25.3%55.8%5.4%6.1%-248.9K18.1M-878.7K2.3222.07N/AN/A4,40010,196116,502196,889
2018-03-13$17.96$17.3865.4%15.7%76.6%25.5%58.1%7.4%5.1%-43.0K12.8M-875.7K1.9521.06N/AN/A4,1868,154116,963197,162
2018-03-14$17.52$17.3855.4%15.9%70.6%14.3%58.8%6.1%6.2%-473.4K28.3M-856.0K2.0617.58N/AN/A4,2898,828117,012197,203
2018-03-15$17.58$17.3854.4%15.6%70.6%13.2%53.5%7.6%6.0%-300.7K27.7M-856.9K1.4321.52N/AN/A6,7759,658117,138198,710
2018-03-16$17.71$17.3851.7%14.8%70.6%10.2%52.2%6.9%7.4%-1.4M21.6M-853.3K1.0121.97N/AN/A7,3687,454118,119199,822
2018-03-19$17.50$17.3854.3%15.6%69.7%11.7%54.1%4.9%10.4%-1.5M31.8M-837.9K1.5819.81N/AN/A4,3546,88084,578172,370
2018-03-20$17.82$17.3849.1%14.1%68.5%5.8%51.0%6.9%12.4%-1.5M24.3M-842.7K1.1918.31N/AN/A5,2046,20285,472172,621
2018-03-21$18.24$17.3851.6%14.8%66.6%5.0%51.0%4.7%9.5%-1.2M8.8M-835.8K2.2726.12N/AN/A4,2569,65286,947172,756
2018-03-22$17.65$17.3853.9%15.5%43.7%7.7%52.9%4.5%11.3%-1.5M27.8M-845.8K2.0818.67N/AN/A4,5899,56587,340175,271
2018-03-23$17.12$17.3855.0%15.8%45.0%9.0%55.6%5.7%13.1%-1.6M42.3M-829.8K2.7916.64N/AN/A3,65410,18688,266175,434
2018-03-26$17.55$17.3855.3%15.8%44.6%9.2%58.5%6.8%11.0%-1.5M29.9M-834.2K2.3316.40N/AN/A3,5608,28188,569176,449
2018-03-27$17.18$17.3853.9%15.5%43.1%7.7%58.9%5.5%14.3%-1.7M43.2M-823.4K2.1921.98N/AN/A3,4127,47788,693177,663
2018-03-28$17.16$17.3855.1%15.8%36.8%9.0%55.7%5.9%15.2%-1.7M42.7M-817.9K3.6418.03N/AN/A2,6409,61288,778177,896
2018-03-29$17.25$17.3852.4%15.0%34.9%6.0%53.0%4.4%15.7%-2.0M41.8M-820.4K3.4717.88N/AN/A2,6199,09988,979180,029